Word: safe
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...guys, anyway? Dubai's Sheik Mohammed bin Rashid al-Maktoum, Qatar's Sheik Hamad bin Khalifa al-Thani and Abu Dhabi's Sheik Khalifa bin Zayed al-Nahayan are sons of gulf royalty. But these are not their fathers' investments. Gulf money 20 years ago was being sunk into safe-bet, low-yield U.S. Treasury bonds--or the arms bazaar. Some recent deals--Dubai's brief holdings in DaimlerChrysler and Madame Tussauds, for example--have been opportunistic. But Dubai's bid for NASDAQ is part of a vision for positioning the city-state as a world-class business center. "Dubai...
...ending. And Washington, which sent a small number of U.S. Special Operations troops to accompany the invasion, was optimistic that the government the Ethiopians installed - the Transitional Federal Government (T.F.G.) - would make progress towards national reconciliation. If that could be accomplished, the U.N. and other agencies might feel safe enough to restart the substantive humanitarian assistance Somalia required. International business, led by enterprising Chinese telecom investors, was even probing Somalia's financial prospects. Might Somalia, left to fester in bloody chaos for so long, finally be rejoining the world...
...Fiji, called Southern Pacific Hotel Corp., and next dabbled in oil and gas, but lost heavily when energy prices collapsed in 1982. Munk turned to gold, he says, only when political unrest in South Africa during the 1980s presented what he saw as an irresistible opportunity. Hunting for safe neighborhoods to mine, he settled on the northern Nevada desert and set about convincing investors that this was the time to gamble on North American gold. Those who believed him were soon rewarded. Goldstrike mine, near the town of Elko, has become the largest mine outside South Africa...
...Pakistan is an artificial country, its borders drawn by British colonial administrators in a fit of expediency, its people hopelessly divided along ethnic lines. None of it mattered, democracy or not, as long as the generals stood shoulder to shoulder and held off disintegration and chaos - kept the nukes safe, out of the hands of radicals. Let's hope the generals aren't having second thoughts...
...generals promise us the center will hold - the army is not going to disintegrate, and the nukes are safe behind lock and key. But then again, these are the same generals who apparently had no idea their head nuclear scientist A.Q. Khan was selling Pakistan's nuclear secrets to anyone who could...